PPP Loan information for The palisades restaurant inc

$127,400

The palisades restaurant inc was initially approved for PPP Loan of amount $127,400, the current approved amount is $127,400. The loan was approved on 01/22/2021 by The The National Bank of Blacksburg reported 27 jobs and $127,400 was used to fund payroll.

The palisades restaurant inc is Existing or more than 2 years old

THE PALISADES RESTAURANT INC

Date Approved

01/22/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

THE PALISADES RESTAURANT INC

Borrower Address

168 Village St

Borrower City

Eggleston

Borrower State

VA

Borrower Zip

24086-3056

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

127400.00

Current Approval Amount

127400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73099

Servicing Lender Name

The National Bank of Blacksburg

Servicing Lender Address

100 S Main St

Servicing Lender City

BLACKSBURG

Servicing Lender State

VA

Servicing Lender Zip

24060-4859

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eggleston

Project County Name

GILES

Project State

VA

Project Zip

24086-3056

CD

VA-09

Jobs Reported

27

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

127396.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73099

Originating Lender

The National Bank of Blacksburg

Originating Lender City

BLACKSBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

128136.48

Forgiveness Date

08/25/2021

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